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Illustration of a suv like the 2026 Chevrolet Trailblazer

Subcompact SUV · Gas · AWD

2026 Chevrolet Trailblazer

LT AWD · $31,798 MSRP + $2,100 freight & PDI · prices and taxes shown for Ontario

Lease length
Terms past 60 months are rare in Canada and carry real resale risk — we mark them.
Kilometres allowed / year
Monthly payment

$624

$553 + 13% HST

Buyout at lease end

$14,309

45.0% of MSRP · 48 months

Projected market value

$15,899source

At 20,000 km/yr · $0 vs the 20,000 km baseline · confidence medium

Equity when you hand it back

+$1,797

Cash out, or apply it to your next lease (and skip the tax on it)

Where the money goes

Price after discount and incentives
$33,898
Less cash down and trade equity
$33,898
Interest rate used
7.2%
Total of payments
$29,969
Tax saved by applying your trade
$0
Over-kilometre bill at 20,000 km/yr
$0
True cost per month after equity
$587

How well it holds value

3.5 / 5

Average value retention

Value kept after four years

57.3%source

at 20,000 km a year — that is $18,204 of the original $31,798 sticker price. The Canadian four-year average across all brands is about 67.5%.

Aggressive turn-in billing offsets low payments.

How we work out the projected market value

Projected market value is what we expect the car to be worth on the open market at the end of your 48-month lease — not the buyout price written into the contract. The gap between those two numbers is your equity.

The sum: $31,798 sticker price × 50.0% expected retention = $15,899 at the standard 20,000 km a year, then $0 for driving 20,000 km a year = $15,899. Your contract buyout is $14,309, leaving $1,590 in your favour.

Mileage rule: a used car loses roughly half of what the lease company charges per extra kilometre, so we apply $0 of value per kilometre above or below the 20,000 km baseline (Chevrolet charges $0 per excess km), capped at 12% of sticker either way.

Checked against real listings: each week we read what this same nameplate, roughly three model years old, is actually being advertised for on Canadian used-car listings. We take the middle price (trimming the cheapest and dearest tenth so one wreck or one loaded trim cannot swing it), cut 12% off it because a dealer never hands you the retail asking price on a trade, and turn that into the share of the original sticker the car kept. That real figure is blended with the award-anchored projection — up to 65% weight when there are plenty of listings, 35% when the sample is thin, and none at all when fewer than four cars are for sale.

Where the retention figure comes from: a term-by-term forecast for this model, built from how the nameplate resells in Canada and its brand record in the published retained-value awards — Canadian Black Book Best Retained Value and J.D. Power / ALG Canada. Confidence on this one is medium. Where no model-specific forecast exists we fall back to the contract buyout percentage, which shows zero equity rather than a guess.

Resale prices move with the used-car market, condition and options. Treat this as a well-informed estimate, not a guarantee.

Handing the keys back

How easy Chevrolet makes it to walk away at the end of the lease. 5 means relaxed, 1 means every scuff gets billed.

3.4/ 5Strict
Damage forgiven at return1.0 / 5 · 35% of the score

Nothing written off

Scratches, curbed wheels and small dents are the most common surprise bill. Brands that forgive a dollar amount absorb most of it for you.

Charge per extra kilometre3.8 / 5 · 30% of the score

16¢ per km over your allowance

Driving 5,000 km over on a four-year lease costs about $800 at this rate.

Buying kilometres upfront4.3 / 5 · 15% of the score

8¢ upfront vs 16¢ after the fact

A real discount for buying kilometres in advance gives you a cheap way out if you know you drive a lot.

Fee just for handing it back2.2 / 5 · 20% of the score

$495 return fee

This is charged even on a spotless car, though most brands waive it if you lease from them again.

Adding those four up gives 2.6. We then adjust by +0.8 for how this brand actually behaves at return time — how picky the inspection is and how often bills get waived — which lands on 3.4.

Aggressive turn-in billing; no standard wear waiver.

GM loyalty cash on re-lease.

Estimated for Ontario

13% HST
Sales tax on your payments (13% HST)
$3,448
Licence plate & registrationPlate transfer or new issue
$59
Tire stewardship levyCharged on the four tires
$20
Dealer documentation feeTypical Ontario dealer admin fee
$599
One-time costs at delivery
$756
Cash needed on delivery day
$756
All-in cost over the whole term
$30,725
True cost per month after equity
$603
Province details — how these numbers were worked out

Sales tax rate: 13.00% (13% HST)

Your payment before tax is $553 a month. Tax of 13.00% adds $72 a month, which is $3,448 across 48 months. In Canada lease tax is charged on each payment, not on the full price of the car, so a bigger down payment or trade-in also lowers the tax you pay.

One-time costs at delivery: $756

  • Licence plate & registration: $59Plate transfer or new issue
  • Tire stewardship levy: $20Charged on the four tires
  • Dealer documentation fee: $599Typical Ontario dealer admin fee (sales tax applies, so 13.00% is added)
Government registration and levies are shown at their posted amount; the dealer documentation fee is taxable, so tax is added to it.

Cash on delivery day: $756

Down payment with tax, plus the one-time costs and any luxury tax, minus any rebate.

All-in cost: $30,725

All 48 payments including tax, plus your down payment, one-time costs and luxury tax, minus any rebate. Subtracting what you get back at lease end ($1,797 of equity) and adding any over-kilometre bill ($0) gives the true cost of $603 a month.

Fees and rebates are current best estimates for Ontario and can change; confirm the exact amounts with your dealer before you sign.

No provincial purchase rebate is currently offered here.

LengthKm / yearBuyout %Factory rateTypical quoteMonthly (tax in)
24 months16,00060.0%5.5%7.2%$877
24 months20,00058.0%5.5%7.2%$905
24 months24,00056.0%5.5%7.2%$933
36 months16,00054.0%5.5%7.2%$698
36 months20,00052.0%5.5%7.2%$716
36 months24,00050.0%5.5%7.2%$734
48 months16,00047.0%5.5%7.2%$612
48 months20,00045.0%5.5%7.2%$624
48 months24,00043.0%5.5%7.2%$637
60 months16,00038.0%5.5%7.2%$567
60 months20,00036.0%5.5%7.2%$576
60 months24,00034.0%5.5%7.2%$586
72 months16,00031.5%5.8%7.6%$533
72 months20,00029.5%5.8%7.6%$540
72 months24,00027.5%5.8%7.6%$548
84 months16,00025.0%6.2%8.1%$508
84 months20,00023.0%6.2%8.1%$515
84 months24,00021.0%6.2%8.1%$521
96 months16,00018.5%6.5%8.5%$490
96 months20,00016.5%6.5%8.5%$495
96 months24,00014.5%6.5%8.5%$500

For your research, not a quote. Every figure here is an independent estimate built from published manufacturer programs, provincial tax rules and retained-value award data. We are not a dealer, lender or broker, we are not paid to steer you toward any vehicle or brand, and nothing on this site is financial, tax or legal advice. Confirm the final numbers on your own lease worksheet before you sign. Full terms and disclaimer